Government Defeated as Lords Back UK Digital Assets Strategy
WorldPing
Bitcoin Magazine Government Defeated as Lords Back UK Digital Assets Strategy The act would force the UK Treasury to consult a strategy for the regulation of cryptoassets, stablecoins, tokenized securities and digital financial infrastructure.
This is a short WorldPing brief. The full report was published by Bitcoin Magazine.
The fintech company fulfilled a fraudulent information request sent from a government agency's own email domain, exposing ID documents and full crypto transaction histories for a "limited" number of users.
Brief by WorldPing · Original reporting by Decrypt
Passports, selfies and home addresses were also handed over after the digital bank treated a fraudulent request as legitimate, but no customer funds were lost.
Brief by WorldPing · Original reporting by CoinDesk